SHIB has formed a bullish wedge pattern that will most likely breakout somewhere this week. Based on the contraction of the Bollinger bands and decrease in volatility past days it's accumulating steam to break the apex seen above. If this scenario comes to fruition we could very well see a zero be burned. This chart also aligns with the statement of the SHIB team; part of the SHIB supply will be burned on 26 December around the time SHIB is expected to break the apex. Most likely this is done to advance the breakout. NOT FINANCIAL ADVICE ! ! !
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